bought some more, page-3

Luvsfootie, seems a logical reason to sell tomorrow because if they do as you suggest and reconstruct, say a 10 for 1, your small holding will somehow be worth more. Then you wouldn’t sell right?

For arguments sake, lets say luvsfootie currently holds five grand worth of FML shares. If FML reconstruct at 10 for 1, luvsfootie $5000 dollar holding would be worth......$5000?

Lets try if FML reconstruct at 1000 to 1. After checking my trusty calculator, Luvsfootie $5000 investment is still worth only $5000?

What am I missing?

I hope my sarcasm isn’t lost and I am not having a go at you luvsfootie but seriously, some of you guys make absolutely no sense.
Bot activity and manipulation occurs irrespective of the volume of shares on issue. Day traders and Bots are all over BHP and RIO at the moment so who is screaming for a reconstruction on those forums? I can save you the time and tell you the answer - none.
Why then are people, who from the sounds of it have no experience running a mining company, so sure they have the magical cure to the apparent share price woes? My charts show me FML has over doubled in price in the last few months so I’m not sure what people are seeing as wrong.

I can tell you from experience that I have held three different lots of shares in the past where companies have reconstructed. One is now in administration and the other two performances left much to be desired. In all three, consolidation caused the value of my holdings to fall. So then why o why are people demanding a reconstruction for this company without any supporting logic as to how it will help?
I am following this company very closely before I invest and am looking for the reason why they are undervalued which I am yet to put my finger on. A friend of mine put me onto hotcopper and told me I would get some good background knowledge on the company as it had a strong following, so here I am. I can only hope others out there are taking a more measured approach than listening to some of the logic that gets put on here as quite frankly, other than entertainment value, some of the people seem to have no idea.
Maybe it’s just because I am new and have thus far only followed the FML thread with any great interest. It could even be that I am not yet accustomed to the purpose of information sharing on hotcopper or maybe I have taken it all too seriously. Either way, my friends advice for getting onto hotcopper for decent background analysis on FML is off the mark. Back to the old fashioned method of reading factual information in the company reports for me.

In Focus I see a great small gold mining company with a solid plan to grow in a time where gold is starting to really move into uncharted territory. I have other gold investments and will hold them and probably increase my exposure sooner rather than later. I think the junior gold sector is littered with bargains right now and im sure we will not get an opportunity to get them at these current prices again so pick your winner/winners but dont base your trading decisions on illogical reasoning. Just because a companies share price is 50 cents instead of 5c, its the fundamentals, market capitilisation and growth potential that make the company a winner, not the amount of shares on issue.